21st CEO Survey
This year’s survey looked specifically at how organisations are addressing issues such as confidence in business, competition for talent and growth in a disruptive environment. PwC conducted 1,293 interviews with CEOs in 85 countries. 69 CEOs in Turkey participated to survey.
of Global CEOs believe global economic growth will improve over the next 12 months
of Global CEOs are very confident about their organisation’s growth over the next 12 months
of Global CEOs are very confident about their organisation’s growth over the next 3 years
This year saw the highest-ever jump to the highest-ever level of CEO optimism regarding global growth prospects over the next 12 months. For the first time since we began asking the question in 2012, the majority of CEOs surveyed believe global economic growth will ‘improve’.
51 % of CEOs in Turkey believe global economic growth will ‘improve’, while this ratio is 57 % among global CEOs.
42% of global CEOs are very confident over the next 12 months. CEOs in Turkey are more cautious with 32%.
Looking more closely at the data, we find a tale of optimistic global expansion playing out against a background of concern. Of the broader societal threats that CEOs in Turkey worry about, geopolitical uncertainty tops the list, followed by exchange rate volatility and terrorism.
Geopolitical uncertainty is the top concern also for global CEOs. Over regulation and increasing tax burden are among top concerns.
When the business threats which are expected to have a direct impact on their business are asked to CEOs, cyber threats come first both for global CEOs and CEOs in Turkey.
Both for CEOs in Turkey and global CEOs, changes in consumer behaviours are considered as the most disruptive trend for their business. Changes in core technologies of production or service provision (artificial intelligence, robotics etc.) take the second place for CEOs in Turkey while it is increase in number of significant direct and indirect competitors for global CEOs.